Jeff Bezos' journey from a garage to building Amazon, one of the world's largest companies, is a remarkable story. Here's a step-by-step account: Early Days (1994) Idea Generation: Bezos, a Wall Street executive, conceived the idea of selling books online in 1994. Research: He researched the internet, market trends, and potential competitors. Setting Up in … Continue reading bezos
Tag: business
Oxford Dictionary Recognises Nigerian Slang
The Oxford English Dictionary (OED) has officially added 20 new Nigerian words to its latest update, showcasing the country's rich cultural diversity and contributions to global English. Here's the full list:- 1. 419: a term for internet scams, especially those asking for money upfront. 2. Abi: a versatile word that can be used as a … Continue reading Oxford Dictionary Recognises Nigerian Slang
Dangote refinery
The Nigerian National Petroleum Company Limited (NNPCL) has repaid 60% of a $1.036 billion loan taken in September 2021 for acquiring a 20% stake in the Dangote Petroleum Refinery and Petrochemicals Free Zone Enterprise (DPRP FZE). As of December 31, 2023, NNPC has repaid $625 million, leaving an outstanding balance of $424 million. The loan … Continue reading Dangote refinery